



116 Moray Avenue
Oak Ridges Lake Wilcox, Richmond Hill
$1,377,500
Stunning 2 Storey Home on a rare oversized 75 x 150 Ft Lot with a natural backdrop! Locate in the highly desirable Oak Ridges Community, just steps to Lake Wilcox. Enjoy the feel of cottage living every day on this private, treed lot with a serene natural backdrop. Huge garage with extended driveway. Beautifully upgraded throughout with a custom kitchen featuring granite countertops, and heated travertine floors. The spacious breakfast area opens to a bright solarium. Includes hardwood floors, crown moulding, and 8.5 baseboards. Bonus Income potential! Home is currently set up as two separate units. See additional remarks to data form.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,446 |
| Lot Size | 75 ft x 150 ft |
| mls© Number | N13774632 |
| Listed By | Century 21 New Concept Simple Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,051
- Property tax
- $620
- Heat allowance
- $150
- Housing costs
- $7,821 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$241,000
gross annual household income
- Payment at 4%
- $5,797 / mo
- Cash down
- $275,500
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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